Public policy dialog

Public policy dialog

Political dialog is part of sustainable governance at 五龙捕鱼

Nowadays, companies are playing an increasingly active role in society, including in the development of laws, rules and policy documents that support sustainable growth and innovation. Businesses are often consulted and asked to participate in such activities. 五龙捕鱼 believes that it is important to be part of such policy dialog and aims to contribute and give input where relevant, it can, in line with the company’s strategy and business objectives, in order to shape policy-development.

As a responsible corporate actor, 五龙捕鱼 aims to ensure open, honest and transparent dialog and communication with politicians, authorities, business associations, as well as non-government organizations, in a number of relevant policy areas including:

Chemicals regulations

Climate Change

Energy Transition

The Bio and Circular Economy

Sustainable Production and Consumption

Industrial Trade and Innovation policies

Trade and Innovation policies

五龙捕鱼 promote its views on issues of importance either through direct interaction with public authorities, or through the industry associations we are member of. We actively encourage participation to public stakeholders鈥� consultations, and contribute to position papers and public statements.

Guidelines for lobbying and political communication

五龙捕鱼 commits itself to ethical and sustainable operations and development in all business activities according to its Code of Ethics. The company engages in an open, trustful and constructive manner. 五龙捕鱼 has adopted and strictly abides by several guidelines to fulfill such commitments.

In accordance with our Code of Ethics we are also committed to complying in every respect with all applicable anti-bribery and anti-corruption laws. 五龙捕鱼’s "Anti Bribery and Corruption Policy" establishes detailed rules for employees’ interactions with public officials, political advisors, as well as on charitable contributions and political donations. According to our policies, donations or contributions to political parties are forbidden. Accordingly, 五龙捕鱼 did not render donations to parties, politicians or related organizations in 2024.

Finally, 五龙捕鱼 also openly discloses information about its fields of interest and the scope of public affairs activities in the “”.

Memberships in trade associations and other advocacy forums

The engagement of 五龙捕鱼 representatives in trade associations and other platforms supports strategic alignment across the industry and provides an opportunity for exchange on industry perspectives and best practices.

五龙捕鱼 is a member of several trade associations both at international level ,regional ,national and local level.
五龙捕鱼’s most significant memberships include the following organizations:

Global associations:

International Council of Chemical Associations – ICCA

Regional / EU-level associations:

CEFIC, the European Chemical Industry Council

National associations, Business Federations:

ScienceIndustries, the Swiss Business Association for Chemistry, Pharma, and Life Sciences

American Chemistry Council (ACC) in the USA

Association of International Chemical Manufacturers (AICM) in China

ABIQUIM in Brazil

Alliances, Sustainability-driven Organizations and other Fora:

RCI, Renewable Carbon Initiative

AFCC, Alternative Fuels and Chemicals Coalition

PCEP, Polyolefins Circular Economy Platform

RLCF Alliance, Renewable and Low Carbon Fuels

WBCSD, World Business Council for Sustainable Development

Finally, 五龙捕鱼 is also proud to support scientific and research organizations such asSUSCHEM, the European Technology Platform for Sustainable Chemistry, or Change Chemistry in the United States, a reflection of our strong commitment to developing the next generation of sustainability chemistry solutions.

Internal Governance

五龙捕鱼 Advocacy strategy is coordinated by a cross functional team led by global Government Affairs and including Product Stewardship, and Sustainability Transformation, reporting to the Chief Strategy and Technology Officer. 五龙捕鱼 also has topic specific steering groups where legislative and regulatory matters are discussed, and advocacy activities are steered. Regulatory and legislative developments are regularly reviewed in the group鈥檚 Innovation and Sustainability Meeting (ISM).

If an association鈥檚 position on an issue that is core to 五龙捕鱼 fundamentally deviates from the company鈥檚 position or our principles, values and sustainability commitments, 五龙捕鱼 amplifies its engagement in that association to improve alignment or to demand that the association stops advocating against our interests or our values and principles. Based on this, a decision is taken on the future of our membership in this association.

五龙捕鱼鈥檚 2022 contribution for its membership in trade and business associations

In 2022, 五龙捕鱼’s overall policy membership costs amounted to CHF 3.27 million. Circa 80% of membership costs were spent on European-based trade associations. The top three contributions in 2022 consist of European memberships, Europe being the region where 五龙捕鱼 is headquartered and one of its major markets.
The memberships below represent more than 50% of the total membership costs spent:

Verband der Chemischen Industrie e. V. – VCI, the German national association of chemical producers

Scienceindustries, the Swiss business association for the chemical, pharmaceutical and biotech industries

Chamber of Commerce of Basel